Cost Control Accountant

3 weeks ago

Kuala Lumpur, Kuala Lumpur, Malaysia VINARCO Full time

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

Cost Control AccountantJob Description:

Client: A subsidiary of a leading oil and gas exploration and production company.

Type of hiring: Contract

Responsibilities:

  • Preparation of budgets and forecasts, as well as all related functions:
    • Coordination of Annual Budgets for Corporate/Petronas and Outlooks.
    • Coordination of Production Profiles.
    • Estimated monthly Opex/Capex.
  • As the point of contact for Production Operations in engaging with Finance:
    • Monthly Cash Calls.
    • Monthly Accruals and Opex/Capex Estimates.
  • Cost Control and related functions:
    • Develop, implement, and monitor systems for efficient and accurate cost control, including but not limited to budget deviations, AFEs, and ACVs.
    • Additional Budget Requests (ABRs) to the relevant authorities if needed (to coordinate with Budget Section).
    • Cost-control reports
  • Collaborating with Finance to monitor inventory and spares movements and management.
  • Assist in the preparation of materials for meetings (official/internal) whenever inputs are required.
  • Preparation and distribution of necessary reports.
  • Ensure that all activities are in accordance with all COMPANY, stakeholders, and government requirements and regulations.

Qualifications:

  • 5 - 10 years' experience in a planning, analytic, or control function
  • Strong personal and interpersonal abilities, as the position demands a great deal of coordination.
  • Strong communication skills for working with, understanding, and inspiring project team individuals.
  • A strong ability to learn other areas and a decent learning curve, as well as a strong dedication to meeting tight deadlines.
  • Experience from Upstream O&G industries is added advantages.
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